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The OBR and the limits of impartiality

The suggestion that the Office for Budget Responsibility (OBR) should be available to check the fiscal sums presented by the political parties in their election manifestos offers the prospect of elevating the national economic debate.  But the OBR would need to be careful that its hard-earned reputation for impartiality could survive exposure to party political competition. 

Will Hutton on fair pay, luck, and desert

The publication of Will Hutton’s Review of Fair Pay in the public sector has reignited the debate about what fairness requires of us when it comes to people’s pay. Hutton’s own analysis of fairness is philosophically ambitious, drawing as it does on a prominent school of academic thought called luck egalitarianism. But it is also philosophically flawed, as we show in our article in People Management.

The ethics of bankers' bonuses

Bankers are in the news once again – thanks this time to the eye-watering sums we hear will be finding their way to the top team at Barclays.  Before we allow the heat of the debate to crowd out the light, it would do us all good to pinpoint what exactly we find objectionable here and what we would like to see done differently.